I do that with stuff like old cars' service history records, national trust memberships etc, have it it the sink overnight then drain and put into a box that goes into paper recycling bin. If someone manages to go through the trouble of extracting information from there, I would say fair enough - they earned it. But still over paranoid about financial details.
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Any reason to keep paper bank statements / fees ?
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Update:
- burning does not work well: too much smoke and need to separate sheets still.
- drowning it in water in a garden bin: didn't do much after 1 month even with concrete mixer attachment finish at the end, think need bleach but then hard to dispose of this mess at the end
- commercial shredders are all seem to be for big volumes, not individual consumers
At the end decided half is not risky to toss in a paper bin as it is, and used a home shredder for the rest while watching a movie with ANC headphones.
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Got a garage full of paperwork that I need to do something with really. Whats the rules for keeping stuff ? 7 years or is it more ?
Personally always keep physical copies of everything but its getting a bit ridiculous out in the garage now :PComment
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Originally posted by dx4100 View PostGot a garage full of paperwork that I need to do something with really. Whats the rules for keeping stuff ? 7 years or is it more ?
Personally always keep physical copies of everything but its getting a bit ridiculous out in the garage now :PHow long to keep records
You must keep records for 6 years from the end of the last company financial year they relate to, or longer if:- they show a transaction that covers more than one of the company’s accounting periods
- the company has bought something that it expects to last more than 6 years, like equipment or machinery
- you sent your Company Tax Return late
- HMRC has started a compliance check into your Company Tax Return
'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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